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    205 60Th St New York, NY 10022

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    Contact for pricing

    East 60th Street Restaurant Opportunity

    Lot size:
    3,156 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail property at 205 East 60th Street in New York City, New York County, offers a unique opportunity for multiple restaurant tenants. The building, totaling 3,156 square feet, is currently fully vacant and available for lease. The space is divisible, with a minimum leasable area of 1,046 square feet and a maximum contiguous space of 1,055 square feet. The property features three individual suites, providing flexibility for various restaurant concepts or a single operator seeking to expand. Located in the vibrant and desirable 10022 zip code, this location benefits from high foot traffic and excellent visibility. The address, 205 East 60th Street, places the property within easy reach of a diverse clientele and established businesses. This is an ideal opportunity for a restaurant seeking a prime location in a bustling New York City neighborhood. The entire 3,156 square feet is available for lease, allowing for a single large tenant or multiple smaller tenants. Serious inquiries are encouraged to explore this exceptional retail space. The property is categorized as a retail space with a restaurant subtype.

    Property Features for 205 60Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,156 SF

    Unit(s) available at that property

    Space
    Basement
    Size
    1,046 SF
    Space
    Second Floor
    Size
    1,055 SF
    Space
    Ground Floor
    Size
    1,055 SF

    HighLights

    • Prime retail space at 205 East 60th Street, NYC, totaling 3,156 square feet, fully vacant and available for lease.
    • Divisible space, with minimum 1,046 SF and maximum contiguous 1,055 SF units.
    • Three individual suites available, ideal for multiple restaurant tenants or a single large operator.
    • Excellent visibility and high foot traffic in the desirable 10022 zip code, near the 59th Street subway hub and Bloomingdale's.
    • 16‑foot frontage on East 60th Street, with 10‑foot ground floor ceiling heights.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cafe Fresco Cafe Chauffeurs Unlimited, Inc Limousine Service Chauffeur Elegance Limousine Service The Law Office of Robert ... Personal Injury Attorney RYI Power Electrical Contractor

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Law Firm Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9655437
    Latitude
    40.7621204

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    FAQs

    What type of property is this?
    Restaurant - East 60th Street Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 205 60Th St New York, NY.
    What are key features of this property?
    This property features: Prime retail space at 205 East 60th Street, NYC, totaling 3,156 square feet, fully vacant and available for lease.; Divisible space, with minimum 1,046 SF and maximum contiguous 1,055 SF units.; Three individual suites available, ideal for multiple restaurant tenants or a single large operator.
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    205 60Th St New York, NY 10022
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    New York, NY 10022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 60Th St New York, NY 10022
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